City
Epaper

25 Years of Listing on NSE - Zydus Lifesciences Limited

By ANI | Updated: May 3, 2025 11:47 IST

BusinessWire IndiaMumbai (Maharashtra) [India], May 3: To commemorate the 25th year of the listing of Zydus Lifesciences Ltd. ...

Open in App

BusinessWire India

Mumbai (Maharashtra) [India], May 3: To commemorate the 25th year of the listing of Zydus Lifesciences Ltd. (formerly known as Cadila Healthcare Ltd.) on the National Stock Exchange of India (NSE), a bell ringing ceremony was organized at BKC, Mumbai on 2nd May 2025. On this occasion, senior management of Zydus Lifesciences, including Chairman, Pankaj R. Patel, Managing Director, Dr. Sharvil Patel, Executive Director, Ganesh Nayak and CFO, Nitin Parekh and other senior executives were present. The dignitaries from the NSE - MD and CEO, Mr. Ashish kumar Chauhan and Chief Business Development Officer, Sriram Krishnan graced the ceremony.

Over the last 24 years, the Company's sales has grown from Rs. 478 crores to Rs. 19,022 crores, a CAGR of 17%, Operating profit has grown from Rs. 70 crores to Rs. 5,384 crores a CAGR of 20%, and Profits after tax has grown from Rs. 38 crores to Rs. 3,860 crores at CAGR of 21% (in the period from March 31, 2000 to March 31, 2024).

An investor who invested Rs. 1 lakh in the IPO of the company has gone up to Rs. 60 lakhs (including dividends and buybacks) as on 30th April 2025, which is almost 60 times the investment and translates into CAGR of 19%, thereby creating significant shareholder value.

(ADVERTORIAL DISCLAIMER: The above press release has been provided by BusinessWire India.will not be responsible in any way for the content of the same)

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

EntertainmentKanye West’s teenage sketches are now priced at $3.1 million

InternationalIndian delegation visits Beijing Foreign Studies University, engages with students of Indian languages and culture

PoliticsCM Stalin vows to defeat NDA in Tamil Nadu Assembly elections, says "We shall defeat Delhi team"

NationalChief Minister Vishnu Deo Sai launches 'Atal Arogya Lab' in Naxal-free Bastar area

NationalIndia set to take big decision "dedicated to nari shakti", says PM Modi; oppn says women's reservation, delimitation are different issues

Business Realted Stories

BusinessUjjivan fails to get RBI nod for universal banking licence

BusinessICICI Prudential AMC Q4 profit falls 16.7 pc sequentially to Rs 763 crore

BusinessAndhra CM Chandrababu Naidu bats for simplifying procedure to expedite setting of industries

BusinessGovt launches Rs 10,000 crore ‘Startup India FoF 2.0’ to boost innovation ecosystem

BusinessUS, Iran not bound by Law of Sea Convention; Hormuz dispute may hinge on ICJ, ITLOS: Maritime law expert